PRINCETON, NJ--(Marketwired - Oct 22, 2015) - Princeton Power Systems, a leading global designer and manufacturer of technology products and embedded software for energy storage, microgrid operations, and electric vehicle charging, announced today its products and technology were utilized in both of the winning projects under Distributed Storage and Mobility at the Energy Storage North America 2015 conference. Of the six projects nominated under the Distributed Storage and Mobility categories, four of the nominees and both of the winners were built on Princeton Power Systems power converters and control system products.
The winning project in Distributed Storage was the Walmart + Solar City Demand Logic Portfolio, based on the Princeton Power Systems' GTIB-100 hybrid power converter and Tesla batteries, used to reduce Walmart's peak load at 8 different locations. In addition, the energy storage system is programmed to isolate from the grid in the event of a power outage, therefore achieving operational reliability. This project is currently ongoing at various locations throughout California.
The winning project in Mobility was the BMW Internet of Energy located at the BMW Group Technology Office in Mountain View, sponsored by GELI. The project uses Princeton Power Systems' 100 kW hybrid converters and was originally installed several years ago, but has since been revitalized with the addition of 2nd-use batteries from EV Grid and Geli's Energy Operating System that networks energy storage, solar, and EV Chargers to provide behind-the-meter and grid support services.
"We are excited to be part of the winning projects this year at ESNA. These critical projects highlight the benefits of onsite renewable energy generation coupled with energy storage and management systems for reducing peak demand energy use and demand response," explained Darren Hammell, Co-Founder and Chief Strategy Officer at Princeton Power Systems.
Other projects that were nominated for awards included Green Charge Networks' California Schools and Utilities Trust Program, and the Brooklyn Army Terminal Smart Grid Demonstration, both based on Princeton power conversion products.
About Princeton Power Systems
Princeton Power Systems, based in New Jersey and founded in 2001, designs and manufactures solutions for energy storage, microgrid operations, and electric vehicle charging. The company is a global leader working with customers and partners across North America, Europe, Africa and the Caribbean. The company solves power issues to allow continued growth of distributed renewable energy, by providing proven energy storage solutions. The company proudly manufactures its products in the USA. More information about Princeton Power Systems is available at www.princetonpower.com.